Friargate | Preston | PR1 2EE

£1,733.33PCM

Location:

Friargate one of Prestons well known main roads across from UCLAN university in the heart of Preston City Centre.

Close to other retailers consisting of takeaways, restaurants, convenient stores, publics houses and university hall of residence.

Description:

This property has bundles of life. From the size to the decor.  Over two floors this property has ample amount of light flooding into the shop. On the ground floor the main area consists of wooden floor, seating , large counter and all the equipment and good use of modern lighting.   

The kitchen area is further up towards the first floor which consists of all necessary equipment to run a well established coffee and sandwich shop.

This business is a coffee shop / sandwich shop also providing hot and cold food.  Customers including students, lecturers and business professionals.

All Fixtures and Fitting included and parking space for one car to the rear of the property.

Accommodation:

The property is situated over 2 floors and provides the following approximate net internal floor areas:

Ground Floor

Retail Zone A - TBA

Kitchen - TBA

First Floor Seating - TBA

Storage - TBA

All measurements have been made in accordance with the RICS Code of Measuring Practice

Service:

Mains electricity and water supplies are laid on, drainage to main sewer and assumed to be in working order.

Planning:

Previously used as a coffee shop and sandwich shop. The premises are considered suitable for a wide variety of uses.

Prospective Tenant are advised to make their own enquiries of Preston City Council's Planning Department on 01772 906581.

EPC:

A copy of the EPC is available in due course or the can be inspected at your local Kingswood office.

Lease:

The unit is available by way of a new and effectively full repairing and insuring lease subject to an upward only rent review for a term of years to be agreed.

Goodwill:

The goodwill is £15,000 including all fixtures and fittings

Rent:

Rent is £20,800.00 per annum, exclusive of VAT and rates, payable in advance by standing order and subject to contract

Rating assessment:

Rates payable for 2016/2017 are 49.3p in the £.

This property may be entitled to 100% rates relief dependant on circumstance

The Valuation Office Agency website describe the premises as being assessed as a “CAFE AND PREMISES” with a Rateable Value of £TBA

WE BELIEVE THAT THE COUNCIL MAY HAVE WAIVED BUSINESS RATES IN THIS AREA ( please check with the council)

RevaluationBusiness Rates has recently undergone a revaluation which will commence on 01/04/2017. The draft list is now available on the VOA website, for this and further information go to; www.gov.uk/voa/revaluation

Further one-year increase in small business rate relief

The current temporary increase in Small Business Rate Relief, which started on 1 October 2010, will now continue for a further 12 month period (to 31 March 2016).

The measure doubles the usual rate of relief so that ratepayers with rateable values below £6,000 pay no rates at all for the period, while ratepayers with rateable values between £6,000 and not more than £12,000 receive tapered relief from 100% - 0%.

All interested parties are, however, advised to make their own enquires of Preston City Council Rating Department on 0172 906972.

VAT:

All rents and prices quoted are or may be subject to the addition of VAT at the prevailing rate.

Legal Cost:

Each party are to be responsible for their own legal costs incurred in the transaction.

Viewings:

Strictly through Kingswood on an appointment basis only.

Please contact Kingswood on:

Preston City Centre Office: 01772 88 65 55, Unit 8, Fishergate, Preston, PR1 2NJ

Fulwood Office: 01772 71 71 81, 77 Watling Street Road, Fulwood, Preston,   PR2 8EA

mail@kingswoodproperties.co.uk

www.kingswoodproperties.co.uk

Disclaimer:

These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.


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Features

Viewing is a Must, To Let, Commercial Property, Retail , Office, Ground floor , Goodwill & Rent To Pay

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Under the Property Misdescription Act 1991 we endeavour to make our sales details accurate and reliable but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer of contract. The seller does not make any representations to give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers. Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify you financial position before we can recommend any offer to the vendor.

To let

Cafe
Studio bedroom(s)
1 bathroom(s)
0 receptions

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